Yesterday I was notified by good friend of a story on the CNN daily ticker. It was startling and interesting news. It caught me completely off guard. He then sent me the link and I read the story for myself. I have included the small description of the story below to best describe the news story.
From The Washington Times:
After reading this story one can ask many questions about our political and electoral system. First what does it say that roughly a half billion dollars or more will be more than likely spent between the Republican and Democratic Candidates for the 08 Presidential Race? What does it say that a billionaire like Mr. Bloomberg could easily jump into the race with money like this? Was our electoral college even designed to have a three way presidential race? In a time where campaign finance reform is a widely talked about issue, questions like these are ones that deserve answers and are important to the debate. Not to mention what would happen and how would the 08 race be altered if Mr. Bloomberg entered the 08 race? In a presidential race that is already roaring, and with so many candidates to chose from, will there be one more?
One last question, in 04 there were also other third party candidates. They tired hard to get on the Televised debates to represent their views and their respective parties. None of them made it though. None of them also had the kind of money Mr. Bloomberg did. If by chance Mr. Bloomberg enters the race, would he be allowed to be on the Televised debates. If so why would he be allowed to be, if the 04 third party candidates weren't?
The bottom line, is what exactly does money buy someone in politics and in a presidential election?
From The Washington Times:
BILLION DOLLAR MIKE: New York Mayor Michael R. Bloomberg is prepared to spend an unprecedented $1 billion of his own$5.5 billion personal fortune for a third-party presidential campaign, personal friends of the mayor tell The Washington Times. "He has set aside $1 billion to go for it," confided a long-time business adviser to the Republican mayor. "The thinking about where it will come from and do we have it is over, and the answer is yes, we can do it." Another personal friend and fellow Republican said in recent days that Mr. Bloomberg, who is a social liberal and fiscal conservative, has "lowered the bar" and upped the ante for a final decision on making a run. The mayor has told close associates he will make a third-party run if he thinks he can influence the national debate and has said he will spend up to $1 billion.
After reading this story one can ask many questions about our political and electoral system. First what does it say that roughly a half billion dollars or more will be more than likely spent between the Republican and Democratic Candidates for the 08 Presidential Race? What does it say that a billionaire like Mr. Bloomberg could easily jump into the race with money like this? Was our electoral college even designed to have a three way presidential race? In a time where campaign finance reform is a widely talked about issue, questions like these are ones that deserve answers and are important to the debate. Not to mention what would happen and how would the 08 race be altered if Mr. Bloomberg entered the 08 race? In a presidential race that is already roaring, and with so many candidates to chose from, will there be one more?
One last question, in 04 there were also other third party candidates. They tired hard to get on the Televised debates to represent their views and their respective parties. None of them made it though. None of them also had the kind of money Mr. Bloomberg did. If by chance Mr. Bloomberg enters the race, would he be allowed to be on the Televised debates. If so why would he be allowed to be, if the 04 third party candidates weren't?
The bottom line, is what exactly does money buy someone in politics and in a presidential election?
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